BTCUSD in new Ascending channel

BINANCE:BTCUSDT   Bitcoin / TetherUS
As we said bitcoin is getting strong and bullish at least for while to reach targets like 37K-42K.

Now we can see that maybe we have a new local channel forming for this uptrend and as you can see price now is touching channel resistance and we may have some local correction here to retest channel lower side or retest broken trendline .

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Trade closed: target reached: why pump happened: because we had valid breakout as we said:
Trade closed: target reached: some range or correction here may happen as we said when price was 39K:

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